The Daily times. [volume] (Richmond, Va.) 1886-1889, 1887-05-18
Especial Correspondence J

few IhcnOmfnauy INN .
80 several dozen here who can coh'ei'-
r,s,o their millions and PROSPECTIVE RAINY
d. with equal satisfaction Inc "e'''"
q no. that o. speculative results ~
- os ~ hard work careful investments
ard steady saving. Much Of II was maze III
,bs DAYS when We had a mcrchaAt i"a' "'o
- ,,hon the Baltimore clippers, famous as
80 s,,if,es, boats Of the day, carried BATH
'',ore Goods 70 all parts Of the world. South.
60 railroads too. gave a great aeh
=, money 20 Baltimore capitalists.
S.,.,oi NJ the fortunes came from
81 baltimore and Ohio road ~
-. ,,,,,o its stock sold as low as one-thiri ~
-. Zoo. value Gradually it crept 20 twice
- nar yalue. and the effect, Of course. was
= ,,ate those who had placed Their conn
49,. and their money in 1t rich men, one
~ ,he.e was Johns Hopkins, who died sew
eral years ago and who leit severe" ''''''
dollars the greatest leuefactiou on record ih
this country. % found a university ana ,ne
biggest hospital i'm the world The "eA'n
~ the CARROTS came largely from thlS sHiiie
source President Robert Garrett OF tue
Baltimore and Ohio road Is worth fTom 30
oDoO00 TO S2OODOOO I'll, brother i. mar
- Garrett is worth about $lO0JJVOO and
bis sister Mis- Mary Garrett, with the same
amount is the richest single lady IN tne
limited States All three are generous giNeS
e. charity. and all have magnificent homes
Their residences are on Mount Vernon place.
a beautiful square. ON which every resilient
4 e;,ber a millionaire or am aristo1at, VI
18th and which contains the celebrated
parve statues and fountains and the INST
monument ever erected % the memory OF
George Washington.
ON Mulberry street, near Cathedral is
large and beautifully finished Romanesque
huildinr Of white marble 10 is exqulsiteiy
finished and thoroughly admirable ID every
w,y Thi, is the Enoch Pratt free library
on5 il does more real good % Baltimore, in
literary way. than all the other Libraries
combined There is n constant stream oi
neonle flowing in and out of It's ponderous
oaken doors, aud its large reading room Is AL
v.vs occupied with men. women and chill
dran examining and devouring the latest
hooks and magazines. EnOch Pratt is Mas
sochu.atts man he was born ODD North
Wildeborough ON the 10th Of September,
1s0s He went TO Boston after getting good
academy education, and was clerk IN
store until be reached his 2lst year lie came
b Baltimore shortly after"art and eStaD
bsbed himself as "a commission merchant
Afterwari he founded wholesale iron house,
and when the war came on be realized largely
ON government contracts. To remarkable
sbrewdness be added The ability 90 saveevery
possible cent. and the result was that he be
came one ~ the rich men u the city, and
there is no one wAose business sense obtains
wider respect than his a proof Of TINS Is
seen i'm the fact that, although a Republican,
In an overwhelmingly Democratic city, DE
has leen twice selected as one of the three
members of the finance commission az Baltl-
more I'm appearance MI Pratt looks like
an overworked boOkkeeper of am establish
ment that does not pay large salaries lie is
understood and stoop shoudered, and the
only feature that keeps him from looking
commonplace is pair of remarkably bright
ewes He has given various sums Of money
10 New England towns ln lss2 be deter
mined % surprise the people Of Baltimore
He did b. with bis customary shrewdneSs
Instead Of waiting for death and the thing,
that come after including will contests and
LAWYERS fees. be decided % carry out bis own
plans and the result has proved his wisdom
He gave the city, in cash and buildings, the
sum Of 81 ,l45. S3 53 for public library Tie
city guarantees in return an annuity Of
$4,000 which not only supports the library
and its branches, bat gives liberal allow
ance for the purchase Of books. Mr.. Pratt
superintended the building Of the institution,
and il is now the second best public library IN
d. g I...f
while the books are free % everybody I'm the
city, not "a volume has been stolen or lost.
On the 18th inst The Baltimore sun, the
richest newspaper a the south will celebrate
it, fiftieth anniversary The man who found
ed 1t will be present % give interest 20 and
derive enjoyment from the event His name
is Arunlale s. Abel. and be is the vealthiest
newspaper proprietor i'm this country. No
one but himself who, by the way, j., his
only contidant-knows exactly how much he
is worth but the amount Is vari0u,ly c,ii-
mated from 100000 20 S-0,O00,uoO He
came into this world y years ago ia East
Providence r. J., and after getting "a com
mon school education went o. Boston, where
be stuck type ON one OF two of the papers
until he looked around for better things He
came southwark IN New York he met VIII
lam NJ Swain and a. II Simmons. and with
them he went over 10 Philadelphia and started
The Public Ledger Ii was penny paper
and at first it had a hard road % travel, but
finally it began % catch ON, and after that its
progres, was steady. Nj Abel then looked
upon Baltimore as first class field All the
papers here We're six pennies In 1851 he
came over, and on the 18th Of May he got out
the first copy of The sun 10 was penny
paper and almost a counterpart of The
Ledger IL was success. and for fifty years
It has been q gold mime 60 the man who
founded IT, lu 1864 The Philadelphia Ledger
was sold % Messls Cuids and Drexel, and
since then MI AbeAs interests have all been
In Baltimore The building chat The Sun
still occupie, was the first iron building ever
erected in this country, and The Sun was the
INST paper 90 use the magnetic telegraph for
the transmission Of news Mr. Abel las ex-
tensiye investments in real estate He has
three sons and five daughters, all living, and
all married except Due An interesting fact
Is that Nj Abel came from Philadelphia 10
Baltimore and became a millionaire. while
Nj George ". Chlids went from Baltimore